SammyJonga

NZD short position after retracement

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Good evening,

My analysis shows an opportunity for a short position in the short term

-RSI signals uptrend
-my prediction is that that uptrend will face resistance a previous lows
- that same resistance is reconfirmed by fibonacci numbers
-from that resistance I will go short on a 2.5 to 1 profit ratio

note: I am learning so advice is welcome!

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